Capex (BUE:CAPX) Cyclically Adjusted FCF per Share: ARS-66.27 (As of Apr. 2026)

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BUE:CAPX Capex SA BUE:CAPX
68 GF Score
Price ARS4,080.00
GF Value ARS7,157.47
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Capex Cyclically Adjusted FCF per Share?

Capex BUE:CAPX -0.49% 68 Cyclically Adjusted FCF per Share is ARS-66.27 as of Apr. 2026. GuruFocus rates BUE:CAPX with a GF Score™ of 68/100 and a GF Value™ of ARS7,157.47 (Possible Value Trap). The stock has 9 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Capex's adjusted free cash flow per share for the three months ended in Apr. 2026 was ARS188.079. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ARS-66.27 for the trailing ten years ended in Apr. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -102.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Capex was 29.30% per year. The lowest was -102.30% per year. And the median was 21.60% per year.

As of today (2026-07-16), Capex's current stock price is ARS4080.00. Capex's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2026 was ARS-66.27. Capex's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Capex was 182.63. The lowest was 10.90. And the median was 27.33.


Capex  (BUE:CAPX) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Capex was 182.63. The lowest was 10.90. And the median was 27.33.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Capex Cyclically Adjusted FCF per Share Related Terms


Capex Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Capex's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Capex Cyclically Adjusted FCF per Share Chart

Capex Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.94 -8.00 -63.12 -67.52 -66.27

Capex Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -67.52 -97.33 -70.99 -83.03 -66.27

BUE:CAPX vs COP, EOG, FANG: Cyclically Adjusted FCF per Share Comparison

For the Oil & Gas E&P subindustry, Capex's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Capex Cyclically Adjusted Price-to-FCF vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Capex's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Capex's Cyclically Adjusted Price-to-FCF falls into.


BUE:CAPX
68GF Score
Capex SA BUE:CAPX
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Capex Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Capex's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=188.079/333.0200*333.0200
=188.079

Current CPI (Apr. 2026) = 333.0200.

Capex Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201607 0.622 240.628 0.861
201610 3.415 241.729 4.705
201701 1.569 242.839 2.152
201704 0.251 244.524 0.342
201707 0.847 244.786 1.152
201710 2.946 246.663 3.977
201801 14.768 247.867 19.841
201804 -9.373 250.546 -12.458
201807 -8.682 252.006 -11.473
201810 -0.210 252.885 -0.277
201901 8.362 251.712 11.063
201904 8.928 255.548 11.635
201907 -1.060 256.571 -1.376
201910 -4.675 257.346 -6.050
202001 -1.308 257.971 -1.689
202004 4.002 256.389 5.198
202007 -7.473 259.101 -9.605
202010 4.072 260.388 5.208
202101 9.706 261.582 12.357
202104 12.288 267.054 15.323
202107 -6.667 273.003 -8.133
202110 54.782 276.589 65.959
202201 -27.763 281.148 -32.885
202204 -1.603 289.109 -1.846
202207 0.484 296.276 0.544
202210 -28.926 298.012 -32.324
202301 -47.348 299.170 -52.705
202304 -75.137 303.363 -82.482
202307 -171.472 305.691 -186.802
202310 -143.517 307.671 -155.341
202401 16.485 308.417 17.800
202404 -241.783 313.548 -256.798
202407 -71.663 314.540 -75.873
202410 31.647 315.664 33.387
202501 73.955 317.671 77.528
202504 -61.010 320.795 -63.335
202507 -293.259 323.048 -302.311
202510 269.538 0.000
202601 -119.562 325.252 -122.418
202604 188.079 333.020 188.079

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of ARS-66.27 mean?
Capex (BUE:CAPX) has a Cyclically Adjusted FCF per Share of ARS-66.27 as of Apr. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Capex and its competitors.
Is Capex's Cyclically Adjusted FCF per Share too high?
Capex's current Cyclically Adjusted FCF per Share is ARS-66.27. Overall, Capex has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Capex's Cyclically Adjusted FCF per Share compare to COP and EOG?
Capex's Cyclically Adjusted FCF per Share of ARS-66.27 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Oil & Gas company?
A good Cyclically Adjusted FCF per Share depends on the Oil & Gas industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Capex and its competitors. Capex's current Cyclically Adjusted FCF per Share is ARS-66.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capex stock overvalued right now?
Based on GuruFocus' analysis, Capex (BUE:CAPX) is currently considered Possible Value Trap. The stock's GF Value™ is ARS7,157.47, compared to a current price of ARS4,080.00 — trading 43% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ARS-66.27. Capex's overall GF Score™ is 68/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Capex (BUE:CAPX), the current Cyclically Adjusted FCF per Share is ARS-66.27 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Capex (BUE:CAPX) Overvalued in 2026?

Based on GuruFocus' analysis, Capex stock appears to be undervalued. The current stock price of ARS4,080.00 is trading 43% below its estimated GF Value™ of ARS7,157.47. GuruFocus considers Capex to be Possible Value Trap.

Key valuation signals for BUE:CAPX:

  • Cyclically Adjusted FCF per Share: ARS-66.27
  • GF Value™: ARS7,157.47 vs. price of ARS4,080.00 (43% below fair value)
  • GF Score™: 68/100 with 9 warning signs

No single metric tells the full story. See the BUE:CAPX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Capex Business Description

Industry EnergyOil & Gas
Address Carlos F. Melo 630, Vicente Lopez, Buenos Aires, ARG, 1638
Capex SA is an Argentina based company predominantly engaged in generation of electricity. It operates in the business segments of Oil and Gas which consists the exploration, production and sale of oil and gas, Energy which is engaged in electric power generation, LPG which involves the production and sale of gas derived liquid fuel, and Renewable energies segment which consists of wind electric power generation activities, Hydrogen Energy which involves generation of electric power with hydrogen activities, and Oxygen which includes the oxygen production and sale operations. It derives a majority of the revenue from the Oil and Gas segment.
68GF Score

Get the complete analysis for BUE:CAPX

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS4,080.00
Price
ARS7,157.47
GF Value